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Lowest Income-Tax Countries
Countries with the lowest top marginal personal income-tax rates — orientation only.
- 1
United Arab Emirates
- Top income tax
- 0%
- Corporate tax
- 9%
No personal income tax; 9% corp tax from 2023-06 (profit >AED 375k).
- 2
Saudi Arabia
- Top income tax
- 0%
- Corporate tax
- 20%
- 3
Qatar
- Top income tax
- 0%
- Corporate tax
- 10%
- 4
Bahrain
- Top income tax
- 0%
- Corporate tax
- 0%
No personal/corp income tax (ex-oil/gas); 2025 onwards 15% corp tax on large MNEs (Pillar 2) only.
- 5
Hungary
- Top income tax
- 15%
- Corporate tax
- 9%
15% flat tax; 9% corp tax — lowest in EU.
- 6
Hong Kong
- Top income tax
- 17%
- Corporate tax
- 16.5%
Territorial source; no CGT, no estate tax, no sales tax.
- 7
Estonia
- Top income tax
- 22%
- Corporate tax
- 22%
Corp tax only on distributed profit (retained = 0%); e-Residency supports remote setup.
- 8
Czechia
- Top income tax
- 23%
- Corporate tax
- 21%
- 9
Singapore
- Top income tax
- 24%
- Corporate tax
- 17%
No CGT; dividends exempt (single-tier); foreign-source income exempt under conditions.
- 10
Brazil
- Top income tax
- 27.5%
- Corporate tax
- 34%
- 11
Poland
- Top income tax
- 32%
- Corporate tax
- 19%
- 12
Canada
- Top income tax
- 33%
- Corporate tax
- 15%
Federal 33% + province 4-21%; CGT 50% inclusion (new rule >$250k/yr → 66.67%).
- 13
Thailand
- Top income tax
- 35%
- Corporate tax
- 20%
SET-listed stock LTCG exempt; foreign income taxed on remit (2024 change).
- 14
Mexico
- Top income tax
- 35%
- Corporate tax
- 30%
- 15
United States
- Top income tax
- 37%
- Corporate tax
- 21%
Federal 37% + state 0-13.3%; LTCG 0/15/20% + NIIT 3.8%; state tax separate.
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